Education

11+ exam gave poorer children an opportunity of upward social mobility

Secondary moderns seen as 'inferior' to grammar schools

11+ biased towards areas with more grammar school places

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Finance

£4b loan from USA, followed by installments of Marshall Aid

Ridiculous amount of debt

End of Lend-Lease agreement with USA

To secure the loan, Britain had to release currency controls on the pound; loan also had interest

Increased debt by investing into nuclear weapons; becoming involved in the Korean War

5 of 8

Industry

Soldiers could serve out the rest of their service as miners

Not enough destruction to warrant complete reconstruction of industry

Aged Victorian infrastructure

Shortage of labour

Nationalisation?

6 of 8

Agriculture

Marketing boards established - guaranteed prices

Did not guarantee yield

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Politics

Post war consensus - working towards the maintenance of a mixed economy, pursuing the goal of full employment, maintaining a comprehensive welfare state and adjusting foreign and imperial policy to Britain's place in the post war world